Draft revisions to a significant research and development (R&D) tax credit program are receiving praise from the Canadian tech ecosystem. These changes could help address…
View More Experts Say Proposed SR&ED Changes Could Boost Tech Companies and National Productivity
Months after reducing staff and operations due to fundraising difficulties, General Fusion’s call for investment has been answered. The Richmond, BC-based company secured $22 million…
View More General Fusion Secures $30 Million CAD to Continue Pursuit of Commercial Fusion Power
Montréal-based cleantech startup Deep Sky has announced that its pilot carbon-capture facility in Innisfail, Alberta, is now operational, marking a first for North America. Deep…
View More Deep Sky Launches First Direct Air Carbon Capture Facility in Alberta
Aalo Atomics, led by Matt Loszak, a co-founder of Humi, has secured over $100 million USD in Series B funding. The round was led by…
View More Aalo Atomics, led by Canadians, secures $100 million USD Series B funding for nuclear power plans
The Business Development Bank of Canada (BDC) is committing an additional $200 million CAD to support early-stage Canadian startups working on transformative technologies for traditional…
View More BDC Allocates an Additional $200 Million to Startups Innovating Technology for Traditional Industries
Mary Richardson felt overjoyed when her 2SLGBTQIA+-focused dating app, Bindr, received recognition at Montréal’s Startupfest in 2024. The event helped her connect with Vancouver’s Bradley…
View More Queer Tech Founders Consider Moving to Canada Amid US DEI Rollback
Guelph, Ont.-based cleantech startup Friendlier has secured $4.5 million CAD to expand its efforts in reducing single-use waste for food service operators. This funding round…
View More Friendlier Secures $4.5 Million to Aid Food Service Operators in Eliminating Single-Use Containers
Clean Growth Fund (CGF), a London-based venture capital firm focusing on climate technology, has raised €56.8 million for the first close of its second fund,…
View More Clean Growth Fund in London Secures €56.8 Million to Advance UK ClimateTech
The federal government is allocating $8 million to six electric vehicle (EV) battery and charging initiatives by Québec companies via Natural Resources Canada’s (NRCan) Energy…
View More Federal Government Invests $8 Million in Six Québec EV Battery and Charging Projects
Québec’s seed-stage funding landscape is bouncing back following a challenging 2024, with its growth surpassing national averages, though the province still faces a decline in…
View More Seed-Stage Rebound Shines in Québec’s Gloomy VC Landscape: Report